Renault invests 240 million euros in Brazil

April 17, 2014 17:26 CET
Renault will invest 240 million euros ($331 million) to build additional vehicle models and a new logistics centre in Brazil.... Read More »


Ghosn sees 'bright spots' for carmakers as Europe revives

April 16, 2014 07:23 CET
Global carmakers will see rising demand this year as sales in China and the United States expand and Europe starts to grow again, Renault-Nissan CEO Carlos Ghosn said.... Read More »


PSA and Dongfeng may cooperate in Russia, Brazil

March 28, 2014 11:20 CET
Dongfeng Motor Chairman Xu Ping said his company's cooperation with PSA could be expanded to include Brazil and Russia, two regions where the French automaker must improve its financial performance.... Read More »


Volkswagen seeks clarification over Hyundai World Cup promotion

March 13, 2014 17:08 CET
Volkswagen, the sponsor of Brazil's soccer team, has contacted the country's soccer federation for clarification over a promotion by Hyundai linked to the team's performance at this year's World Cup.... Read More »


Fiat-Chrysler expects new plant to boost Brazil profitability

March 7, 2014 10:18 CET
Fiat Chrysler Automobiles expects a new plant in Brazil to boost its profitability in that market by 2017 after a cut to subsidies and currency effects hit profits there last year.... Read More »



Ford tweaks India-built EcoSport for Europe

Feb. 11, 2014 08:05 CET
Ford has tweaked the EcoSport subcompact SUV for European markets as it hopes the model will help it return its operations in the recession-hit region to profit by 2015.... Read More »


Brazil auto sales down in 2013, first time in a decade

9:35 am U.S. ET | Jan. 7, 2014
Light vehicle sales in Brazil fell last year for the first time in a decade as weak consumer confidence and tighter credit weighed on the world's fourth largest car market.... Read More »


Brazil to slowly roll back tax breaks on cars in 2014

3:38 pm U.S. ET | Dec. 24, 2013
The Brazilian government will gradually roll back tax breaks on cars next year amid worries from producers that higher duties could hit sales in the South American country.... Read More »


EU launches WTO dispute against Brazil to challenge car taxes

Dec. 19, 2013 12:08 CET
The EU launched a case against Brazil at the World Trade Organization to challenge Brazil's taxes on imports ranging from cars to computers.... Read More »


Ford plans to launch new Ka in Europe in 2015

Dec. 5, 2013 12:42 CET
Ford of Europe plans to launch a new Ka in the region in 2015 based on the Ka Concept unveiled in Brazil last month. The five-door model will replace the three-door Ka.... Read More »


Jaguar Land Rover to start Brazil output in 2016

Dec. 5, 2013 22:26 CET
Jaguar Land Rover plans to build a factory in Brazil with a capacity of 24,000 vehicles a year. Production should begin in 2016.... Read More »



VW's Piech: Not a quick study

12:01 am U.S. ET | Dec. 2, 2013
Volkswagen Chairman Ferdinand Piech said he understands Europe, China and Brazil but understands the United States only "to a certain degree so far."... Read More »


Jaguar Land Rover plans $437 million Brazil factory, gov't sources say

Nov. 26, 2013 10:09 CET
Jaguar Land Rover will invest about 1 billion reais ($436.9 million) to build a new manufacturing plant in Brazil's state of Rio de Janeiro, three government sources told Reuters. Production at the factory, to be built in the city of Itatiaia, could begin as early as 2015.... Read More »


Jaguar Land Rover mulls car plant in Brazil

Nov. 14, 2013 13:25 CET
Jaguar Land Rover says it is studying the possibility of opening an assembly plant in Brazil, adding that it has ambitious plans to expand its manufacturing footprint outside the UK.... Read More »


Ford says Ka could build share in global markets

10:24 am U.S. ET | Nov. 13, 2013
Ford introduced the Ka Concept today in Brazil, calling it the company's first global entrant in the sub-B small car segment. Ford executives say they want the Ka to help the company grow market share in developing markets around the world. Ford is counting on the Ka to follow in the footsteps of the EcoSport subcompact crossover... Read More »


Continental to concentrate more on growth opportunities outside Europe

Oct. 23, 2013 15:40 CET
Continental is banking on growth outside Europe to help offset continued weakness in the region and is investing in adding tire production capacity in fast-growing markets.... Read More »


Jaguar Land Rover seeks Brazil carmaking experts; eyes entry into market

Oct. 10, 2013 10:28 CET
Jaguar Land Rover is seeking managers with manufacturing experience in Brazil as it mulls following rivals Audi, Mercedes and BMW in building a plant in world's fourth-biggest auto market.... Read More »


Volkswagen will invest $236 million in Brazil auto plant

Oct. 4, 2013 10:29 CET
Volkswagen plans to invest $235 million to build the latest Golf in Brazil.... Read More »


Mercedes, Audi betting Brazil's luxury market will triple by 2017

Oct. 2, 2013 12:38 CET
Makers of luxury autos from Mercedes to Audi are preparing to build cars again in Brazil in a bet that the country's market for luxury vehicles may triple by 2017.... Read More »


Ally raises $611 million from sale of Brazil operations

9:34 am U.S. ET | Oct. 2, 2013
Ally Financial has completed the sale of its Brazil operation to General Motors Financial for about $611 million.... Read More »


Mercedes, Audi betting Brazil's luxury market will triple by 2017

6:38 am U.S. ET | Oct. 2, 2013
Makers of luxury autos from Mercedes-Benz to Audi are preparing to build cars again in Brazil in a bet that the country's market for luxury vehicles may triple by 2017.... Read More »


Daimler will build Mercedes C class and GLA in Brazil

Oct. 1, 2013 10:49 CET
Daimler will open a new plant in Brazil to build Mercedes cars. The plant will produce the C class sedan and GLA compact SUV.... Read More »


Daimler to invest $230 million in new Brazil car plant

4:49 am U.S. ET | Oct. 1, 2013
Germany's Daimler plans to build a new car factory in Brazil, becoming the third German premium automaker to announce such plans within the past year.... Read More »


Audi's return to Brazil coincides with leasing revival

Sept. 29, 2013 06:01 CET
Carmakers in Brazil are anticipating leases will spur demand for new models as a tax incentive expires and companies such as Audi start local production.... Read More »


Audi resumes Brazil car output in expansion bid to beat BMW

Sept. 17, 2013 17:00 CET
Audi will build the A3 sedan and the Q3 SUV in Brazil starting next year to strengthen its position in Latin America.... Read More »


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